ASHTON COMMUNITY TRUST
GROUP STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Current flnanclal yèar
Unr88trlctsd Rostrlcted
funds
funds
2023
2023
Total
Total
2023
2022
Nots8
Income
wments fro
Donations and legacies
Income from charitable activities
other trading actlvities
Investm8nts
0th8r income
17,584
2,800
20,384
2.180,108 3,326,518 5,506,626
2,000
2,000
36,792
38,792
46,931
142,519
780
5.775,981
400
32,118
193,188
95,588
Total Income
2,283,415 3,424,906 5,708,321
8,002,467
Expenditure from charitab18 activltles
2,272,360 3,441,953 5.714,313
5.971,580
Other
12
51.201
87,883
139,084
156,074
Total expondlturo
2,323.561 3,529,836 5,853.397
6,127,654
Not outgolng ro•ourc•8 before tran8forn
(40,146) (104,930) (145,076)
(125,187)
Gross transfer8 betNeen fund8
50,320
(50,320)
Net Incomel{expendltur8} for the yoarf
Not movement In funds
10.174
{155,250) (145,076)
(125,187)
Fund balances at 1 Aprfl 2022
2,232.751
409,469 2.642,220
2.767.407
Fund balanc08 at 31 March 2023
2.242,925
254,219 2,497,144
2.642.220
The statement of financial activitles Includes all galns and losses recognlsed in the year.
All Income and expenditur8 derlve from contlnuing actlvlties.
The statement of financlal activltles also compl188 wilh the requlrements for an income and expendiiure account
under the Companies Act 2006.
-27-

ASHTON COMMUNITY TRUST
GROUP STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Prlor flnanclal year
Unrestrictsd Restrlcted
funds
funds
2022
2022
Total
2022
Not•8
wm
Donations and legaci8S
Income from charitable activiti8S
Other tradlng acllvitle8
Investments
other Income
780
780
1.957,849 3,818.332 5,775,981
400
400
32,118
32,118
105,619
193.188
87,569
Total Income
2,095,786 3,906,881 8,002.467
8ndltu
Expenditure from charltable actlvSlles
2,134.227 3,837.353 5,971,580
Other
12
99,609
56,465
156,074
Total expendlturo
2.233,836 3.893,818 6,127,654
Ngt outgolng ro8ourc08 bofora transforn
{138,050)
12,883
(125,18n
Grosy transfers between funds
8,227
(8,22n
Not Ineomol(expandltuM) for tho yoarl
Not movemont In funds
(129,823)
4,638
{125,187)
Fund balances at 1 Aprll 2021
2,362.574
404,833 2,767,407
Fund balance8 at 31 March 2022
2,232,751
409,469 2,842.220
-28-

ASHTON COMMUNITY TRUST
GROUP BALANCE SHEEr
AS AT 31 MARCH 2023
2023
2022
Notss
Fixed assets
Tangible ass8ts
16
534.052
814,279
Currant assets
Debtors
Cash at bank and In hand
17
1.672,379
780,793
2,081,012
587,391
2,433,172
2,668,403
Credltorn: amounts falllng due wlthln
ono year
(470.080)
(840,482)
Net current assets
1,963,092
2,027,941
Total a8sets1088 current Ilabllltlo•
2,497,144
2,842,220
Incoma lund•
Restricted funds
Unre
Deslgnated funds
General unrestrlcted fund8
21
254,219
409,469
22
1,531,178
711,749
1,631,941
600,810
2,242,925
2,232,751
2,497,144
2,642,220
The financlal statements ware approved by the Trustees on 11 January 2024.
Mr M Mullan
Mr S Pollard
Trusts8
Tru8ts0
Company registratlon number N1034595
-29-

ASHTON COMMUNITY TRUST
CHARITY BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Note8
Fixed assets
Tanglble assets
16
513,947
587,472
Currant a880ts
Debtors
Cash at bank and in hand
17
1,670,613
668.050
2,074,087
470,879
2,338,663
2,544,768
Credltor8'. amounts falllng duo wlthln
ona year
18
(442,167)
(598,783)
Net current assets
1,898,496
1,947.983
Total a*8Ot8 lou Gurront Ilabllltl68
2,410,443
2,535.455
Income fund8
Restrfcled fvnds
21
198,934
334,290
DesSgnated funds
General unrestrlcted fund8
22
1,531,176
680,333
1.634,941
566,224
2,211,509
2,201,165
2,410.443
2,535,455
The financlal statements were approved by th8 Trustees on 11 January 2024.
Mr M Mullan
Mr S Pollard
Tru8ts0
Tru8teo
Company Reghtrntlon No. N1034595
-30-

ASHTON COMMUNITY TRUST
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Notas
Cash flows from operatlng actlvltles
Cash g8n8rated from operations
29
161,858
73.237
Inv88tlng actlvltl08
Purchase of tangible fixed assets
Investment Income recelved
(25,048)
36,792
(91,214)
32,118
Not cash gan•ratsd froml{u8od In)
Investlng actlvltlos
11,744
(59,096)
Net cash used In flnanclng actlvlll8•
Not Increasa In ca8h and cash aqulvalents
173,402
14,141
Cash and cash equlvalents at b8glnnlng of year
587,391
573,250
Ca8h and cash equlval•nts at end of year
760,793
587,391
31

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng poll¢le8
Charlty information
Ashton Community Trust is a private company limited by guarantee Incorporated in Northern Ir8land. The
reg15tered office Is Ashton Centre. 5 Churchlll Street, Belfast, BT15 2BP.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the Companies Act 2006 and "Accounting
and Reporting by Charities.. Statement of Recommended Practic8 applicable to charities preparlng their
accounts in accordanc8 With the Financial Reporting Standard applicable in the UK and Republlc of Ireland
(FRS 102) {effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared In sterllng, which is the functlonal currency of the charity. Monetary
amounts In these financial statements are rounded to the nearest £.
The financlal statements have been prepared under the hi6torlrAI cost convention, modified to induda the
revaluatlon of certain financlal Instruments at fair value. The prlncipal accounting policies adopted are set out
below.
The financial stst8ments ¢onsolldat8 th8 accounts of Ashton Community Twst and all of Its subsldlary
undertakings ('subsidiaries').
The charity has taken advantage of the exemptlon contalnad wlthln section 408 of the Companles Act 2006
not to present Its own Income and Expenditure Account.
The income and 6xpendilur6 account for the y8ar dealt with Sn th8 accounts of the charlty was net expenditure
of £125,012 (2022 - £130,536).
1.2 Golng GOn￿M
These financlal statements have been prepared on the going concam basS8. Although three project8 8nd8d
on 31 March 2023 due to the finish of the Northern Ireland-wide European Social Fund Programme,
additional funding was granted by the UK Shared Prosperfty Fund for the Belfast Work8 'Connect' project
which last8 until March 2025. The Iwslee8 are also satlsfi8d thal, should it be necessary. the organisatlon can
be duly rlght-sized to enable it lo continue in operational ex18t8nce for the foreseeable future.
The group has fund balanc88 at the balance sheet date of £2.497.144 and adequate resourc88 to Continue to
meet its obligations for at least the next 12 months. Taking all factors Into consideration, at the time of
approving the financial statements, the trustees have a reasonable expectation that the group has adequate
resources to continue In operational existence for the foreseeable future. Thus th8 trustees continue to adopt
the golng concern bas18 of accountlng In preparing the finandal statements.
1.3 Charftablo fundi
Unrestricted funds are available for use at the dlscretlon of the trustees In furth8ranc8 of their charitable
objectlves.
Deslgnated funds comprlse funds which have been set aside at the dlscretion of the trustees for spedfic
purposes. The purposes and uses of the designated funds ar8 set out in the notes to the financlal statements.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial ststements.
-32-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THEYEAR ENDED 31 MARCH 2023
Accountlng pollclo8 (Continued)
1A Incomlng rn8ourco•
Incom8 is recognised whén th8 charity Is legally entitled to it after any perfomiance conditions have been m8t,
the amounts can be measured reliably. and it Is probable that income will be recelved.
Cash donations are racognised on receipt. oth8r donations are recognised once the charity has been notified
of the donatlon, unless perform8nc8 conditions require deferral of the amount. Income tax recov8rable in
relatlon to donations recelved under GIftAld or deeds of ¢ov8nant is recognised at the time of the donation.
Legacles are r8cognis8d on recelpt or othepwlse if the charity has been notlfled of an impending distribution.
the amount is known, and rec8iPt is expected. If the amount is not known, the legacy Is treated as a
contingent asset.
1.6 Re•ource8 axpendad
Expenditur8 is recognised once there Is a legal or constructive obligatlon to transfer economic benefit to a
third paty, it is probable that a transfer of economic b8n8fits will be raqulred in settlement. and the amount of
th8 obligation can be measured reliably.
Expenditure Is classified by actlvlty. The costs of each adlvity are made up of Ihe total of dlrect costs and
shared costs, Including support Costs involved in undertaking each activity. Direct costs attrlbulable to a single
activty ar8 allocated directly to that activity. Shared costs which contribute to more than one activlty and
support costs whlch are not attributable to a slngle activity are apportSoned between those activitles on a basi8
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
deprerAation charges ar8 allocated on the portion of the asset's use.
ExpendStur8 Is recogni5ed once there is a legal or constructlve obligatlon to transfer economlc b8neftt to a
thlrd party, it is probable that a transfer of economic b&nefits wlll be required In settlement and the amount of
th8 obligatlon can be measured reliably. Expenditure is classlfled by activity. The costs of each actlvlty are
made up of the total of direct costs and shared costs, Including support Costs Involved in undertaking 8ach
activity. Direct costs attrlbutable to a slngl8 activity are allocated dlrectly lo that activity. Shared costs whlch
contribute to more than one actlvity and support costs whlch are not attrlbutable to a slngle actlvSty are
apportioned b8tween those actlvitl8s on a basis conslstent wtth the use of resources. Central staff costs are
allocated on the basls of time spent, and depreclatlon charg8s allocated on th8 Portion of the asset's use.
Support costs are thos8 Costs Incutred directly In support of expenditure on the objects of the charity.
Governance costs are those incurred In connection with admlnlstration of the charity and compliance with
Gonstitutional and statutory requirements.
Costs of generatlng funds are costs incurred In attracttng voluntary Income, and thosa Incurred In tradlng
activitles that raise funds.
Charitable activities and Gov6mance costs are costs Incurred on Ihe charitls operatlons, indudlng 8UPPOrt
costs and costs relatlng to the govemance of the charity apportioned to charitable activitles.
1.6 Tanglble flxed a880ts
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuatlon, net of
depreciation and any impairment losses.
Depr8ciation is recognised so as to WTiie off the cost or valuation of as$8ts less their resldual values over their
useful lives on the following bases..
Freehold land and buildings
Cr8che
Flxtures and ffittlngs
Computers
2% straight Ilne
15% straight Ilne
15°k250A reducing balance and 250A stralght line
25CA* reducing balance
-33-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollcles (Continued)
The galn or loss arlslng on the dlsposal of an asset Is detemlned as the difference be￿88n the sale
proceeds and the carrying valua of the asset, and is recognised in th6 Statement of financial activities.
1.7 Impalm)ent of flxed assets
At each reporting end date, the charity reviews the carying amounts of its tangib18 assets to determlne
whether there is any indication that those assets have suffered an impairment loss. If any such Indlcation
exists. the recoverable amount of the asset Is e$timated In order to determlne the extent of the Impairm8nt
loss (if any).
1.8 Cash and cash oqulvalents
Cash and cash 8quivalents include cash in hand, deposits held at call with banks, oth8r short-term liquid
investments with original maturities of thr88 months or less, and bank ov8rdrafts. Bank overdrafts are Ghown
within borrowings in current liabilities.
1.9 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Baslc Financial Instrum8nts' and Section 12
'Oth8r Financial Instruments Issues, of FRS 102 to all of its financlal Instruments.
Financial Instruments are recognlsed In the charlty'8 balance sheet when the charity becomes paty to the
contractual provlslons of the Instrument.
Flnanclal assets and Ilabllrtles are offs8t, wlth th8 net amounts present8d In th8 financial statements, when
there Is a legally 8nfor¢eable right to set off the recognised amounts and Ih8re Is an intention to settle on a
net basis or to realise tha asset and settle tha liability simultaneously.
Bas1¢ flnanclal assets
Basic financlal ass8ts, whlch include debtors and cash and bank balanc88, are Inltially measured at
transaction price including transaction costs and are gubsequently carried at amortlsed cost using the
effectlve interest method unless the arrangement constitutes a financlng transaction, where the transaction is
measured at the present value of the future recelpts dlscounted at a market rate of Interest. Financial assets
Classified as recelvable wlthln one year are not amortlsed.
Baslc flnanclal Ilabllltles
Baslc financlal liabilities, induding cr8dltors and bank loans are Inltlalty r8cognSsed at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument Is measured at the present
value of the future payments discounted at a market rate of Interest. Financial Ilabllttles classified 88 payable
within one year are not amortised.
Debt Instruments are subsequently carrled at amortlsed cost, uslng the effectlve interest rate m8th0d.
Trad8 creditors are obligations to pay for goods or s8Nicas that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment Is due wrthin one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognlsed initially at
transactlon prlce and subsequently measured at amortlsed cost using the effective interest method.
Derecognltlon of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or ar8 discharg8d or
canc8118d.

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng poliGle8 (Contlnuod
1.10 Employee benaflts
The cost of any unused holiday entitlement is r8cognised in tha period in which the employee's servlcas ar8
received.
TennSnalion benefits are recognised irnmediately as an expense when th8 charity is demonstrably committed
to termlnate the employment of an employ88 or to provide termination benefits.
1.11 R8tlrèmant benofits
Payments to defined contribution retirement benefit sch8mes are charged as an expense as they fall due.
Crltlcal a¢countlng 08tlmate• and Judgomonta
In the appllcation of the charlty's accountlng policles, the trustees are requlred to make judgements, 8Stlmates
and assumptions about the carying amount of assets and Ilabilities that ar8 not readily 8pparent from other
sources. The estimatas and assoclated assumptions are based on historical experience and other factors that
are considered to b8 relevant. Actual results may dlffer from these estlmatas.
The estimates and underlylng assumptions are revlewed on an ongolng basis. Revislons to accountlng
estlmates are recognlsed In the perlod in whlch the estlmat818 revised where the revlslon affects onty that
P8rfod, or In the perfod of tha revislon and future perfods where th8 revlslon affects both current and future
Parfods.
Koy 8ourco• of e•tlmatlon uncertalnty
Flxed Asset8
The 8nnual depreclation charg8 on fixed assets d8P8nds primarfty on the estimated Ilves of each type of assel
and estlmates of resldual values. The directors regularly review th8se 8$set lives and change them as
necessary to r8flect current thlnking on remaining lives In Ilght of prospectlve economic utillsation and physical
condltlon of the assets concerned. Changes in asset lives can have a signlficant impact on depreciation and
8mortisation charges for the perfod. Detsil of the useful lives Ss Included In the accounting pollcles.
Debtor8
Short t8mi debtors are measured at trdnsacllon prf¢8, less any Impalrment. Impairment of such debtors
involves some estlmatlon uncertainty.
Restrlctsd and Unrestrlctsd Fund*
Judgements are made In relation to allocatlon of Income and expendlture to restricted and unreslricted fund8.
Th8 allocation of funds Is based on the interpretation of grants and donations received.
Donatlons and legacle8
Unmtrlctod Rostrfcted
funds
funds
Total R•8trlctad
fund8
2023
2023
2023
2022
Donations and glfts
17,584
2,800
20.384
780
-35-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
lfi¢orn• from Gh*rttabl• actl¥ld••
Tr41Rlw& CNldo•r• &
M•nt41H•alth Ernploymint
F*m4y Dwil•pm•nt D•¥dopm•nt
8*fv10••
upport Prnir4mrM•
2025
202J
2013
2021
Porfornanra rel8ted grAnts
1,W.576 1,372,820 1,421,296
718,86J
142.985
216.317 6,SCé.828
6.776.981
ty fund
Unr•&trtctsd fvndt
R￿1￿cted fundi
787,203
71,e01 1,146,762
847,372 1.301,219
274,544
9,238
709.416
2S,S4CI
117,426
159,774 2.180,108
78,643 3.328,618
I.￿,e
3,818,332
1,e34,575 1,372,820 1,421,296
718,853
142,985
21e,317 6,608,028
S,775,981
P•rforrn4nu r•l•t•d grth•
¢thN & SuN5vorn Sqrvk•
p￿¢4 IV
H¢8tth 4 $0¢14 Car•Th•t
D•p4rtmont forC0nTh￿ftl0I
D•partfflont rorth• economy
B•Wi¥t Cny CtrJndl
ChNdcarn Feel
Educatlon Authu
8kJ Lott•ry Fur
TEO
Olh•r
n4,023
784,023
588,105
811,895
606,645
283,77S
1,e72,727
167.3T9
878.099
3e4,404
85,848
301,824
eos,480
787,203
1e1,645
105.724
948,848
188,567
1,27Q,437
270,581
838,038
3cé.641
85.948
14,228
27,•77
1,270.437
61.083
84,e82
23,5
10,844
838,038
3C6.641
65,948
10,53
227,399
313,104
2S,640
185.826
836.666
1,634,575 1,372.820 1,421,298
718,853
142,ge5
216,317 5,508,826
5,775,981

ASHTON COMMUNITY TRU8T
NOTES TO THE FINANCIAL 8TATEMENT8 ICONTINUEDI
FOR THEYEAR ENDED 31 MARCH 2023
Irbcom•trom ¢hablt•bl• a¢tfvlll
F•rth• y••r•nd•d 11 ￿1¢h 2022
Mètlmi &
Tr41nlni & Chlldo•rn&
M•Atsi ￿11th EMployrn•nl
FIr￿1¥ D•wlopm•Dt D•￿I0￿•Trt
•upport Prollr•mrn•• Prngr4rnrn••
P•r1¢¢M￿Cl rnloled gran1•
949.511 1.802,962 1,310,85S 1,098,837
218,994
397.022 6.775,981
AN1￿1• by fvnd
Umthdod fund•
Ro•tHctsd fund•
269,320
10P,679 1.110.220
680,185 1,634.363
2Cp),825
182.345
934,292
247,189 1,967,849
14&,86J 3.818.332
218.994
949,511 1,802,962 1,310,866 1.096,037
218,
7,022 4776,901
P•rfomianM r•latsd grnnl•
Lw 4 S•rvk•
c￿ry IV
BONa￿ HMtth & Cir• TN•t
D•pIrtrn￿t for ConYNnrti
Owlrtment lorlha Economy
ethst ¢ty ¢tyJndl
¢hlklcare Fool
Educ•tknAutho
B* Lott•ry Fund
TEO
Oth•r
688,10S
58O,10S
811,695
506,845
283.776
1.672.727
157.379
878,099
304,404
85,848
301,824
805,480
SOS.066
50,686
213,802
2B2.783
121.020
125
11,976
878.099
24.980
39,9M
19.844
27,03e
57,8B3
1,632,658
W2,382
28.160
4,727
11,000
8,Q
18.02
176.881
38,027
247.189
36,857
44.888
184.W2
970eo
849.611 1.802.862 1.310.855 1,096,837
218.894
397.022 6.776,881
-37-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THEYEAR ENDED 31 MARCH 2023
Other tradlng acllvltles
UnTestrl¢ted Unrnstrlcted
fund8
funds
2023
2022
Trading activity income: other
2.000
400
Inve8tments
Unro8trl¢ted Unra8tr1ctad
fund8
fund8
2023
2022
Interest recetvable and investment income
Renlal income
28,381
8,411
23.707
8,411
38.792
32,118
other Income
Unrnstrlcted R08tr1cted
fund•
fund8
Total Unrejtrfcted Re•trfctod
ftAnd8
fundg
Total
2023
2023
2023
2022
2022
2022
Coronavirus Job
retentlon scheme
other Income
49,320
56,299
402
87.187
49.722
143.466
46,931
95,588
142,519
48.931
95.588
142,519
105,619
87,569
193.188
Audltorf8 romunoratlon
Fee8 payable to the charlvs audltor and assoclats8:
2023
2022
Audit of the chaiivs annual accounts
4.050
3.850
Other 8ervlce8 to the group
- Audlt of the charlty's subsidiaries
3,600
3.000
Total auditfe
7,650
6.850
-38-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Exp•ndltur• from charftsbl• acUvltl
Vl¢llm• &
Tralnlnq & Chlldc4r• &
Yothh Communlty
M•ntsl H•ilth Employm•nl
F4mlly D•v•lopm•nt O•v•lopm•nt
S•rvl¢
8upport Progr•mmM Propramm•J
2023
2023
2023
Oth•r
PrgJ•cts
Totsl
2023
2023
2023
2Q22
Staff C￿ltI
Doprtd•tknTh knpatrmqnt
Rent & rot•B
H••t, IPJhl & pmr
Counwklng & thgr•pwtlc WPeFvhlon•
TMlnln9 d•llv¢ry ¢ostB
D•yc•ra ddlvory e¥J
451,967
22,Cé7
53.458
12,439
768.580
10,26D
1,204,3XI
8,665
IPB1.881
11.936
58.401
18,101
372.n2
11,781
1,520
21.114
126.681
2.$95
1,938
176
233,098
1D,377
23,S22
10,138
3.470,037
67,421
19e,877
79,186
788,680
140,447
33,380
970,40S
4,134.363
127.329
238,228
61,034
15D.748
168.584
32,773
1,080,623
17,198
63,828
973
33,380
158,151
31,780
42
43,seo
245,531
81.146
$41,646
30,070
133,861
1.662.302
1,t103,187
1.262,103
780,679
160.481
465,181
6,714,313
6.971,580
1.5S2,J02
1,403,187
I,362,￿3
780,579
1eo.481
465,161
6,714,313
6,971,680
An•l¥•l• by I￿
Unrealrtcted fund8
R•*khd I
670,578
881.718
86,641
1,316,346
1,084,889
277,714
43,034
n7,645
30,3B3
130.0è8
368,637
98,524
2372,360
3,441,853
2,134,227
3,e37,363
1,6S2,>)2
1103,187
1J82.603
780,679
160,481
466.181
5,714,313
6.971,680

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI
FOR THE YEAR ENDED 31 MARCH 2023
eXp•nd1￿rn from ¢h*rftsbl• athltl••
Por th• y•ir•nd•d 31 ￿1¢h 2022
Vlcdm• &
Tr•lnlng & Chlldcar• &
Youth CommunltyOth•r ProJoCt¥
M•nt•l employm•ni
Fthmlty D•v•lopm•nt D•v•lopm•nl
S•wvlu•
S•rvlc••
Support Prooramm•a Progf•rnm••
Totsl
2022
452,77
1,5n,990
32,272
67,745
10,973
1,107,326
22.684
.Cé7
24,770
876,610
23,264
11,981
14,IY22
14B,236
7.382
1.586
333
176,424
0,77J
17,259
3,415
4,134.3&3
127.329
236,228
01,034
160,748
160,584
D•prtdatl¢n Ind Impdmwnt
Ront & rnl
H••t, Ilght & pwr
Counlelllny & thoraputk iupwvlthni
7,521
160,746
8,872
82.223
127
32,7n
62,328
62.814
23.548
D•yc•r• d•Nv•ry ¢o•t•
268,220
J9,194
483,632
9,83e
209.313
1.080.623
9S2,771
1,808,397
1.343.9BS
1,282,323
167.372
438,n2
6,971.580
962,771
1.8CQ.397
1,343,886
1,282.323
167,372
438,732
S.971,seo
An•ly•l8 by fund
Unre•trthd lundi
Re￿1thd fund•
287.688
e66,203
170,236
1,838,162
1.126.169
218.828
218.812
1,043,811
57,3Cé
110.oe6
276.447
183,286
2.134.227
3,e37.353
952.TT1
1,808.397
1,343,985
1,262.323
187.372
438,n2
6,871.SBO

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
10 Trusta88
None of the trustees (or any persons connected with them) recelved any remun8ration or benefits from the
charity during the year.
11 Employ998
The average monthly number of employees during the year was.,
2023
Number
2022
Numbor
198
Employmont costs
2023
2022
Wages and salaries
Soclal s8curity Costs
Other pension costs
3,032.329
236,563
201,145
3,611,881
277,911
244,591
3,470,037
4.134.363
The Charfty considers several of It8 Staff to be key management par8onnel. The total employment banefits
including employer penslon contributions of tha kay management personnel were £243.597 (2022
£360,165).
Durlng the year. the charfty incurred redundancy costs totalllng £114,274.
The number of employe8s whose annual remuneratlon was more than £80,000
Is as follows:
2023
Number
2022
Number
£80,001 to £70,000
-41

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
12 Other
Unre8trlet8d Re8trfcted
funds
funds
Total Unre8trfcted Restrlctod
fundg
fund8
Total
2023
2023
2023
2022
2022
2022
Net loss on disposal of
tangible fixed assets
other expenditure
37,854
13,347
37,854
101,230
87,883
99,609
56,466
158.074
51,201
87,883
139,084
99,609
58,485
158,074
13 Taxatlon
The charty is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or sectlon
252 of the Taxation of Chargeable Gains Act 1992 to th8 extent that these are applled to it8 charltable objects.
14 Impalrnionts
Impairment tests have b8en carri8d out where approprlate and the followlng Impalm)ent losses have been
recognised in profit or loss:
2023
2022
In respect of..
Propety, plant and equlpment
61,493
IS Flxod a￿0t Inv08bnonts
Charfty
Ashton Communlty Trust Is the controlllng paty ofAshton Servlces (Nl) Limited and New Lodge Arts, vthlch18
charitable company. Both are incorporated In Northern Ireland and Ilmlted by guarantee,
The resulis of those entitles are consolldated Into these financlal ststements.
-42-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
16 Tanglble flxed assets
Fro•hold land
Ind bulldlngs
Crnch• Flxtur•8 •nd
flttlngs
Comput•ff#
Group
Cost
At 1 April 2022
Additions
Disposals
564,898
110,285
754.476
279,307
14,194
10,854
(110,265) (587,10n (128,970)
1,708,948
25,048
(806,342)
At 31 March 2023
564,898
201,583
181,191
927,662
Dopreclatlon and Impalrnwnt
At 1 April 2022
Depreciation charged In th8 year
Eliminated in resped of disposals
229,898
11,298
110,265
567,364
187.140
32,462
23.661
(110,265) (530,445) (127.778)
1,094,867
67,421
(768,488)
At 31 March 2023
241.198
89.381
83.023
393.600
Carylng amount
At 31 March 2023
323,702
132,182
78,168
534,052
At 31 March 2022
335,000
187,112
92,167
614,279
Tanglbl• fixed a880ts
Fmohold land
and bulldlng•
Crechg Flxtur•• Jnd Computorn
flttlng•
Charfty
Cost
At 1 April 2022
Additions
Transfer between categorles
584,898
110,265
709,316
279,307
14,194
10,854
(110,265) (587,107) (128,970)
1,663,788
25,048
(808,342)
At 31 March 2023
564.898
156,403
181.191
882,492
D6pre¢latlon and Impalrnient
At 1 April 2022
Depreclation charged in the year
Impaiment losse8
229,898
11,298
110,265
549,011
187,140
25,760
23.661
(110.285) (530,446> (127,778)
1,076,314
60,719
(768,488)
At 31 March 2023
241,196
44,326
83,023
368,545
Carying amount
At 31 March 2023
323.702
112,077
78,168
513,947
At 31 March 2022
335,000
160.305
92,167
587.472
-43-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
17 Dobtors
2023
2022
Amounts falllng due wlthln one year:
Group
Trade debtors
Other debtors
Prepayments and accrued Income
6,305
1,017,230
848,844
23,982
1,008,530
1,048,500
1,672.379
2,081,012
Charfty
Trade debtors
Other deblors
Prepayments and accrued income
8,304
1,023,438
640,873
25,048
1,059,021
990,018
1,670.613
2,074,087
18 Credltorn: amounts falllng due wlthln ono yoar
2023
2022
Group
Other taxation and soci81 security
Deferred Income
Trade creditors
Other ueditors
Accruals
51,389
183,436
145,507
41,103
88,845
82,356
143.051
217,527
60,287
157,241
19
470,080
640.462
Charlty
Other taxatlon and soclal 8ecurlty
Deferred income
Trade credltors
Other creditors
Accruals
51,389
132,662
145,189
38.076
74.851
81,641
107,641
217,527
44,953
165,021
442,167
596,783

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
19 Deferred Income
2023
2022
Other deferred Income
163,436
143.051
Deferred Income is included in the financlal statements as follow8..
2023
2022
Deferred Income Is included within:
Current Ilabilities
163,436
143,051
Movements in the year:
Deferr8d Income at 1 April 2022
Releas8d from previous periods
Resourc8s d8f8rred in the year
143,051
{143,051)
183,438
225,305
(117,664)
35,410
Deferr8d Incom8 at 31 March 2023
163.438
143,051
20 Ratlramant bonoflt 8chemo8
Deflnod contrfbutlon •chomo8
Th8 charity operates a defined contTibulion penslon 8cheme for all qualfying employees. The ass8t8 of the
Scheme are held separately from those of the charity in an independently administered fund.
Tha charge to profit or loss in respect of deflned contributlon schemes was £201,145 (2022 - £244,591).
-45-

ASHTON COMMUNITY TRU8T
NOTES TO THE FINANCIAL STATEMENT8 ICONTINUEDI
FOR THEYEAR ENDED 31 MARCH 2023
21 R••irf¢t•d fund•
Tho knc4Jmofimd8 of Ihe th•rfty InBlude reltrlcted fvnd•4omprfiln9 th• lo*yMrwJ un•xw)d•d balanc41 oldonatbnl and gr￿1 hoSJ on tnJ•lfor ip*lll¢ P￿p￿0•.
Mov•m•nt In lund•
Inoornlno R•Mur¢
Mov•m•nt In fund•
Inqornlny
Tr•rAf•rn
linu••t
IAprf12022
1 Aprfl 2021
al M•r•h
Group
VkUm• & M•nt41 HooNh S•NI¢••
Tr•hlng & Empbym•nt S¢r¥l
Chlldcar• & Fgmlty Support sqrvI￿#
Youth Dwebpment Prcgr*mm&¥
Communtty Progratyffl
Oth•rProJacts
107,652
6BO,185
1885,203
7,350 1.834,353 11.838.1821
40,884 200,8
P18,8261
133,015
934,292 11,043,811)
32,190
218,994
1110,0681
83.762
228.202
121&,7601
122,$34
847,372
1881,7261 160,2641
S,57f 1.301,219 11,318,3451
9.555
22,7
274,646
1277,718> 116.3n}
3,220
23.528
709,416
1737.6451
21,633
16,932
141.987
117A26
1130,0981 114,8391 114.06S
93.106
174,929
1188.407)
11421
81,488
37,926
32
849
19,1081
4C4,833 3,906,681 12,893,818)
1¥,22n
409,489 1424.906 13.529.838) 150,3201 254,219
Ch•rtty
V*tIw￿ & ￿￿tal Hogfth Sqrvl
Trnlnhw & Empl¢ym•nl
Chlha¢•T• & Support S•NIc••
107,S52
680,18S
(685.2031
7,350 1,834,383 11.636,1
40.964
2￿,625
1218,828)
714.113
1742,3881
218,994
1189,8181
237,550
121P,7501
122,534
847.372
1881,7281 180,2641
S.671 1.301,21? 11?16.3451
9,5SS
22.783
274,545
1277,7151 118.3n)
28.551
613,03B
1521,2731
21.SJ3
82.417
117,426
1130,0&81 114,639}
2.464
174,829
1186,40n
11421
37,
3.220
41.849
35,105
00,834
32
Comrtwnty D•v•knpment Prour¥rM
Olhpr
32,180
83,782
<9,10BI
328,822 3.685,860 p,871.9551
18,2271
334,290 3,228.528 13.313.564) ISO,32DI 188,934
S•• nGl• 25 lor•xr4wnal(Yy nolutothafunds.

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
22 Daslgnated funds - Charfty and Group
The Income funds of the charity indude the following deslgnated funds which have been set aside out of
unrestricted funds by the trustees for speclfic purposes:
Movement
In funds
MoV￿n0nt
Balanco •t
1 Aprll 2021
Balanca at
1 Aprll 2022
Balan¢• at
31 March 2023
Flxed assel reserve
Programm8 related invastment
538,114
1,253,955
49,358
587,472
(209,486) 1.047,469
(73,525)
513,947
(30,240) 1.017,229
1,792,069
(160,128) 1,634,941
(103,785) 1,531,178
See note 25 for explanatory notes to the fvnds.
23 Flnanclal commllments. guarant008 and contlngont Ilabllltlo8
Durlng th8 prlor year the trustees became aware of a potentlal clalm against the charltable company and In
the y6ar ended 31 March 2023. the result of th8 legal process went against the charity, The amount of any
liability is yet to be determlned. The trustees are of the oplnion that all costs and Ilabilities associated wlth lh8
daim will be covered by the charlly's Insuranc8 and are awaiting confimatlon of thls. As such, they conslder
that thls matter should be dlsclosed as a contingent Ilabillty.
In addltlon, a portion of grants received may become repayable if tha charltable company falls to comply with
the tenns of th8 letter of offer.
24 An•ly•l• of net a98ets betwoen fund• - Group
Unre8trlctsd Restrlcted
fund•
funds
2023
2023
Total
Total
2023
2022
Fund balances at 31 March 2023 are
represented by:
Tangib18 assets
Current as8etsl(liabilities)
534,052
1.708,873
$34,052
614,279
254.219 1,983,092 2,027,941
2,242,925
254,219 2,497,144 2,642,220
-47-

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THEYEAR ENDED 31 MARCH 2023
26 Explanatory nots8 to th8 funds
General unrestricted funds
These funds are available for use at the discretlon of the Irustees in furth8rance of their charitable objectives.
esi
nated f
Fixed asset reserve Is equlvalent to the net book value of the charity's r￿ed assets that are used in
furth8rance of th8 charivs activrties.
Programme related Investment represents a loan to Ashton Centre Development Limited. Although this
investment generates some finan¢lal retum, its primary molivation is not financial but the actual furtherance of
th8 charity's objects, given the commonality of many of the objectives of both charities.
e5trlcted funds
Vldims & Mental Health S8Nlc8s rec8lv8 fundlng from th8 Victims and Survivors Service towards staff costs
and dellvering a wlde range of activitles such as talking therapies, complementary therapiés and soclal
Support.
Tralnlng & Employment Services recelve ESF funding to deliv8r the Lemls+ and CORE programmes. the
former In p8rtnershlp wlth E8St B81f8St Mission, GEMS Nl, Impact Tralnlng and Upper Springfield
Development Trust.
Chlldcare & Famlly Support Servlces recelv8 ESF funding (through USDT) to deliver a Community Famlly
Support Programm8 and recelves fundlng towards Klnderkids staffing from the Department for Communitles
and the Pathway Fund,
New Lodge Youth Club receivas a numbar of grants from the Educatlon Authorfty tackllng a range of 8ocletal
Issues.
Communlty Development receives fundlng from the Community Relatlon8 Counc51 and the Department for
Communltl8S.
nsfer
During the year, there were transfers from unrestrfcted funds to restrfcted fund8 to COV8r overspends in cartaln
projects. Transfers from restricted funds to unrestrlct8d funds r81at8 to Several factors including fixed asset
balances, management charges, and balances where no restrfdion remalns.
28 Relatsd party tran•acllons
Remuneratlon of kay management personnel
The remuneration of key management personnel 18 as follows.
2023
2022
Aggregate Gompensatlon
243.597
360,165
There were no other transactions with related parties requiring disclosure.

ASHTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2023
27 Subsidiarleg
Details of the charity's subsidiaries at 31 March 2023 are as follows:
Name of undertaklng
Reglstsred
office
Naturn of buslne88
Class of
% Hold
share8 hold Dlrect Indlrect
Ashton Services (Nl) Ltd
5 Churchill
Actlvlties of employment
street. Belfast, placament agencies
BT15 2BP
5 Churchill
Street, Belfast,
BT15 2BP
Llmited by
guarantee
100.00
New Lodge Arts
Education818Cttvite8
Llmlted by
guarant88
100.00
28 Analy818 of changes In net fund8
The charity had no debt durlng the year.
29 Cash generated from op8ratlon8
2023
2022
Deficit for the year
(145,076)
{125,18n
Adjustmenls for:
Investment income recognlsed In ststement of ftnanrAal activltles
Loss on disposal of tangible flxed assets
Depreciatlon and Impainnent of tangSble fixed assets
{38,792)
37,854
67,421
(32,118)
127,329
Movements In womng capital..
Decrease in debtors
(Decrease) in creditors
Increa881(decrease) In deferred Income
408,633
(190,767)
20,385
284,751
{99.284)
(82.254)
Cash genoratsd from oporatlon8
161,858
73.237
-49-